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Hello an excitable rest of 2021, 2022 and beyond – re. ScS and Greggs

By Chris Bailey | Tuesday 5 October 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

As a famous Led Zeppelin song once observed: “if it keeps on rainin’, levee’s goin’ to break”. Such is life in a world of higher government debt levels and (in many cases) excitable equity valuations and exceptionally low bond yields. That is not a combination which continues, in other words you have to keep very active with your stock selection (and general investment allocation). I am certainly confused about some of today’s results from the UK market.

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